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16. Jane is a project manager for a company that produces two special widgets each year for suppliers around the world. Jane receives a project

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16. Jane is a project manager for a company that produces two special widgets each year for suppliers around the world. Jane receives a project schedule of 10 months and a budget with estimates of what it will cost to produce both widgets (shown below). The project requires 200 widgets to be produced per month for Widget A, and 100 widgets to be produced per month for Widget B. Activity Widget A Widget B Total Start Jan 1 Mar 1 End Aug 31 Aug 31 Time Elapsed 8 months 6 months # of Widgets 2000 Total Cost $100,000 $100,000 $200,000 Jane has budgeted $50 per widget for Widget A ($100,000/$2000), and $100 per widget for Widget B ($100,000/$1000). At the end of June, Jane's project team is six months into the project. Let's take a look at the progress Jane and her team have made: Activity Time Elapsed Total Cost # of Widgets Produced 800 400 Widget A Widget B | Total 6 months | 4 months $45,000 $35,000 $80,00 As the project manager, Jane must determine how well her project team has performed. Is she ahead of schedule or behind schedule, and is the project team over or under budget - and by how much? Activ Co to

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